LA rates and calc methods for Rehab work
Normally contractors give me two possible estimates.
1) Priced Job : They look at the job and send me the estimate for carrying out the whole job.
2) Daily Rate: The tell me the individual daily rates at which they will work on the job.
Because I have a general idea of how long a job would take, I try to ask contractors what their daily rate is and if it is favourable I then ask them to come out and give me priced job. I must be choosing the wrong guys because now, most wont tell me what their daily rates are and they insist on seeing the job first. This is weary for me. I dont want to do an open house and have contractors attend to see a job at once but it is tempting.
Anyway I recently had a guy take a look at a job and give me his labour rate per sf. I have never had a job expressed in this way. It has thrown me as I have nothing to guide me as to whether is reasonable or not. To be precise he quoted at $2.5 per sf for a Job in Inglewood. Is this reasonable what sort of rates am I looking for in LA